Board Meeting Details

The Board of Directors meeting was held on Monday, August 10, 2026, commencing at 4:00 PM and concluding at 4:54 PM.

Key Decisions Approved

1. Unaudited Financial Results

The Board approved the unaudited Consolidated and Standalone Financial Results of the Company for the quarter ended June 30, 2026, together with the Limited Review Report thereon.

2. Appointment of Statutory Auditor

On the recommendation of the Audit Committee, the Board approved the appointment of M/s. J. T. Shah & Company, Chartered Accountants (Firm Registration No.: 109616W), as Statutory Auditors of the Company. This appointment is made in place of M/s. Samir M. Shah & Associates, who completed two consecutive terms of appointment in accordance with the Companies Act, 2013. The new appointment is subject to shareholder approval at the ensuing Annual General Meeting and will be for a term of five consecutive years, from the conclusion of the 11th Annual General Meeting until the conclusion of the 16th Annual General Meeting.

M/s. J. T. Shah & Company is a firm of Chartered Accountants registered with ICAI, based in Ahmedabad, with experience in Statutory Audit, Internal Audit, Accounting Services, Direct and Indirect Taxation (including Income Tax and GST). The firm has a team of more than 50 employees including Articled assistants.

Financial Results Summary

Standalone Financial Results (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹2,562.18 lakhs (compared to ₹2,338.66 lakhs in Q1 FY26)
  • Other Income: ₹69.05 lakhs (compared to ₹240.10 lakhs in Q1 FY26)
  • Total Revenue: ₹2,631.23 lakhs
  • Total Expenses: ₹1,550.09 lakhs
  • Profit Before Tax: ₹1,081.13 lakhs
  • Tax Expense: ₹256.99 lakhs (Current tax: ₹245.49 lakhs, Deferred tax: ₹11.50 lakhs)
  • Profit for the Period: ₹824.15 lakhs (compared to ₹663.16 lakhs in Q1 FY26)
  • Other Comprehensive Income: ₹188.55 lakhs
  • Total Comprehensive Income: ₹1,012.69 lakhs
  • Earnings Per Share (Basic & Diluted): ₹4.44

Consolidated Financial Results (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹4,586.00 lakhs (compared to ₹3,882.60 lakhs in Q1 FY26)
  • Other Income: ₹69.05 lakhs
  • Total Revenue: ₹4,655.04 lakhs
  • Total Expenses: ₹3,447.87 lakhs
  • Profit Before Tax: ₹1,207.17 lakhs
  • Tax Expense: ₹287.58 lakhs (Current tax: ₹276.08 lakhs, Deferred tax: ₹11.50 lakhs)
  • Profit for the Period: ₹919.60 lakhs (compared to ₹765.08 lakhs in Q1 FY26)
  • Other Comprehensive Income: ₹173.95 lakhs
  • Total Comprehensive Income: ₹1,093.55 lakhs
  • Earnings Per Share (Basic & Diluted): ₹4.95

The consolidation includes Nintec Systems Limited (Parent Company) and Nintec Systems B.V. (Wholly-Owned Subsidiary Company). The subsidiary contributed revenues of ₹2,023.82 lakhs and net profit after tax of ₹95.45 lakhs for the quarter.

Auditor Review

M/s. Samir M. Shah & Associates issued unmodified limited review reports for both the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The review was conducted in accordance with SRE 2410 issued by ICAI.

Additional Information

The financial results have been prepared in accordance with Ind AS 34 and other recognized accounting practices. The company has only one reportable segment (Software services). Previous period figures have been re-grouped or reclassified where necessary. The information is also available on the company's website at www.nintecsystems.com.